Some
Online Blackjack Games players disagree with me; they
think they get value for their tokes. See, for example,
Ian Andersen's Turning the Tables on Las Vegas.

Here is
a Daniel Forbes contribution:

My plane
back was scheduled to depart late morning and I debated
further play as I arose. After washing up and shaving,
I returned to the Sahara to play once again at what
was by then early Friday morning.

I settled
in at one of the single-deck games ($25 minimum) and
spread from $25 to whatever I could get away with.
An attractive young woman was playing at third base;
she was the only other player. It occurred to me she
might have been a counter, but a deck or two later
confirmed she was not. I slowly drilled the casino
as she lost. Not long after, a clean-faced young man
sat down and placed two S50 bets. After a few hands,
it was obvious he was counting. I began to show him
my cards immediately, and he shortly thereafter reciprocated.
Because I was more than able and all too willing to
bet 2 x $150 or more at positive counts, we began
sharing any and all information available to us. Then
it happened.

The
hands with which you would almost always enter the
pot by raising would be holdings like AA, KK, QQ,
and AK. From middle to later position, ii and AQ become
raisers, too. Why does position matter? Because the
earlier you must act, the greater the chance of you
being re-raised and put all-in by a player with (probably)
a better starting hand. The closer you are to the
button, the more safely you can raise with hands like
low pocket pairs and ace anything. In fact, if your
opponents in the blinds are very tight, you can raise
on the button with almost any two cards to steal the
blinds. (If they re-raise you, you can always fold.)
How much should your raise be'-' It depends on how
willing you are to actually see the flop with an opponent.